Yearly Archives: 2016

Run-up to Election Didn’t Keep Home Buyers on Sidelines as November Sales and Prices...

The Massachusetts Association of Realtors® (MAR) reported today that buyers didn’t let the presidential election season keep them from buying homes this past fall as closed home sales were up nearly 20 percent in November compared to the same time in 2015. Both sales and median prices for single-family homes reached their highest levels for November since 2004. Inventory continued its downward trend dropping to its lowest level since January 2004. Median prices and sales both rose for condominiums this month.

Residents at the Berkshire Peak Apartments in Pittsfield Will See Extension of Affordability and...

Residents living at the 120-unit Berkshire Peak Apartments in Pittsfield will see the extension of affordability in perpetuity and moderate property improvements as a result of $10 million in MassHousing financing.

Town of Scituate Library Building Project

The Public Building Commission of the Town of Scituate, Massachusetts will issue periodic public updates about the construction progress for the Town Library project. Groundbreaking occurred on September 1, 2015. The project remains on budget.Completion is anticipated for Spring 2017

Led by Merkley, Warren and Sanders, Senate Democrats Roll Out New Website Inviting Personal...

U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MASS) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump's Treasury Secretary nominee, foreclosure king Steve Mnuchin.

Homebuyers Stayed Focused in November and Pushed Pending Home Sales Up

Realtor® clients showing some concern with interest rates increasing  WALTHAM, Mass. – December, 14, 2016 – The Massachusetts Association of Realtors® (MAR) reported today that...

Former Framingham Housing Authority Employee Pleads Guilty to Embezzling Rent Payments

A Milford woman pleaded guilty today in U.S. District Court in Boston in connection with embezzling over $70,000 in rent payments owed to the Framingham Housing Authority (FHA). Rosa A. Famania, 33, pleaded guilty to one count of embezzling money from an agency receiving federal funds. U.S. District Court Chief Judge Patti B. Saris scheduled sentencing for March 14, 2017

Boston Bar Foundation Awards $380,000 in Grants to Eight Legal Services Organizations

Existing-home sales are forecast to muster only a small gain in 2017 because of incre the charitable affiliate of the Boston Bar Association – announced today that it will provide $380,000 in grants to eight community organizations that work to provide legal services to those in need. The funding – which was distributed to the BBF from the Massachusetts Interest on Lawyers Trust Accounts (IOLTA) – stems from Bank of America’s (BOA) 2014 settlement for the bank’s involvement in residential mortgage-backed securities and other unlawful conduct that contributed to the housing/financial crisis

Mayor Martin J. Walsh, HUD Deputy Secretary Nani Coloretti Announce $30 Million Grant to...

Mayor Martin J. Walsh today joined U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Nani Coloretti, the Boston Housing Authority, Department of Neighborhood Development, Preservation of Affordable Housing, Madison Park Development Corporation, elected officials, and Whittier Street housing development residents to announce a $30 million federal grant to support the revitalization

Senators Markey and Merkley Lead Effort Calling for 100% Clean and Renewable Energy by...

Senators Edward J. Markey (D-Mass.) and Jeff Merkley (D-Oreg.) today introduced a Senate resolution calling for generating 100 percent of the electricity consumed in the United States from clean and renewable energy resources by 2050. The resolution points to the enormous job creation potential of transitioning to renewable energy sources such as wind, solar and geothermal, particularly in communities with high rates of unemployment or underemployment

Private and Public Sources Have Invested $56 Million in Downtown Framingham

Downtown Framingham has experienced $56 million in investment from both public and private sources in the past few years, the Town of Framingham announced today. Those numbers include transportation and utility infrastructure upgrades as well as expansion by private businesses and nonprofit organizations. Last year, Special Town Meeting members approved new zoning plans, which has driven some of the new investment.

Weymouth Broker Installed as 2016 President-Elect of the Massachusetts Association of Realtors®

Rita Coffey, Carver resident and associate broker at CENTURY 21 Tullish & Clancy in Weymouth, was installed on December 5, 2016 as president-elect of the 24,000-member Massachusetts Association of Realtors® (MAR) for 2017.  The event took place at the Edward M. Kennedy Institute in Boston, Mass. and included the installation of the MAR Board of Directors and Executive Committee. Coffey’s term officially begins on January 1, 2017

Brewster’s Anne Blatz to Serve on the Executive Committee of the Massachusetts Association of...

Annie Blatz, broker-manager at Kinlin Grover Real Estate in Brewster, will serve as Immediate Past President of the Massachusetts Association of Realtors® (MAR) in 2017

Lenox Broker Installed as Treasurer of the Massachusetts Association of Realtors®

Anne Meczywor, broker/associate at Roberts & Associates Realty Inc. in Lenox, was installed on December 5, 2016 as the Secretary-Treasurer of the 24,000-member Massachusetts Association of Realtors® (MAR) for 2017. The event took place at the Edward M. Kennedy Institute in Boston, Mass. and included the installation of the MAR Board of Directors and Executive Committee.

Real Estate Company Resolves Claims of Failing to Accommodate Tenants with Disabilities

A Haverhill-based real estate company has agreed to pay up to $70,000 to resolve allegations that it failed to accommodate two tenants with disabilities at an Andover apartment complex, Attorney General Maura Healey announced today.

Closed Home Sales Dip in October for the Third Time This Year

The Massachusetts Association of Realtors® (MAR) reported today that home sales fell in October compared to the same time in 2015, during a year that has otherwise mostly seen an upward trend in sales. Inventory continued to dip this month, dropping to its lowest level since January 2005. Median prices increased again for both single-family homes and condominiums.

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Warren Unveils Historic Legislation to Confront America’s Housing Crisis

Legislation Would Produce More Than 3 Million New Housing Units, Reduce Rents for Working Families by 10%, and Create 1.5 Million New Jobs with No Deficit Impact; Bill Would Also Promote Home Ownership and Reverse Decades of Discriminatory Housing Policy